Does Land Expropriation Experience Increase Farmers’ Farmland Value Expectations? Empirical Evidence from the People’s Republic of China
Understanding the formation mechanism of farmers’ farmland value expectations not only helps to evaluate farmers’ land resource allocation behaviors, but also enables the government to create better policies that can effectively guide and manage farmers’ land value expectations. Based on cross-sectional data from the 2015 China Household Finance Survey (CHFS) of rural residents, we used quantitative analysis models to identify the effect of farmers’ land expropriation experiences on their farmland value expectations, and the mechanisms of this effect.